Suffering from Tax Refund Surprise?

If you found you have no or much smaller tax refund this year, you did not pay attention to withholding amounts and the loss of itemized deductions.  I warned my readers of this on January
 15, 1918.

 Prior to that

I provided informational links to the entire new tax law and analysis as well as important tax dates and facts.

Those who could no longer deduct unreimbursed employee business expenses may have suffered significantly from not planning.

What is going to be of concern going forward is how this tax shock will effect consumer spending in the first and second quarters of this year.  Will there be less consumer spending?  GDP estimates are already going lower from the global economic slow down .


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